DIGITAL ARCHIPELAGO

‘Poder del mercado en los mercados mayoristas de electricidad europeos. Efectos de la Directiva Europea 96/92’

Economy and Society

European and International Studies

2004

This study sets out to ascertain whether the liberalisation of electricity wholesale markets as prescribed by European regulations has had the desired effects in terms of efficiency, or whether the market power of generators has imposed overly high price-cost margins.

DIRECTOR

Mª Paz Espinosa Alejos

RESEARCH TEAM

Aitor Ciarreta Antuñano.

COLLABORATING INSTITUTIONS

Universidad del País Vasco UPV/EHU

DESCRIPTION

Its findings will have implications for economic policy as regards whether it is better to opt for a pool system or to follow the route taken recently by electricity markets in England, Wales and California to tackle the problems caused by the market power of generating companies.